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NASDAQ Up!
Nasdaq should grow from here.
- Triple Bottom (see purple drawings)
- Long term vertical support (blue line)
- Short term horizontal support (green line)
- TLT made a breakout downwards (usually inversely correlated with indices)
- Fibonacci 50% hit
- Bullish divergence on RSI (we had a lower low on the candle, but RSI was higher compared to lower candle before)
I reckon this will go up from here and we could potentially see a new ATH at ~18100 points.
However - we need to wait for confirmation (breakout above orange vertical resistance).
Good luck with your trading.
- Triple Bottom (see purple drawings)
- Long term vertical support (blue line)
- Short term horizontal support (green line)
- TLT made a breakout downwards (usually inversely correlated with indices)
- Fibonacci 50% hit
- Bullish divergence on RSI (we had a lower low on the candle, but RSI was higher compared to lower candle before)
I reckon this will go up from here and we could potentially see a new ATH at ~18100 points.
However - we need to wait for confirmation (breakout above orange vertical resistance).
Good luck with your trading.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.